SynopsisAccenture announced a significant acquisition spree, agreeing to purchase a majority stake in Dragos and fully acquire runZero and NetRise for a combined value of $4.18 billion.ReutersConsultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion.Shares of the Dublin, Ireland-based company fell about 5% in premarket trading.Separately, the company also cut the top end of its annual revenue forecast.The company now expects annual revenue growth between 3% and 4%, down from its previous forecast of 3% to 5%. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal - The Economic Times
Accenture announced a significant acquisition spree, agreeing to purchase a majority stake in Dragos and fully acquire runZero and NetRise for a combined value of $4.18 billion.
TL;DRAI
Accenture acquires majority stake in Dragos and fully buys runZero, NetRise for $4.18B, signaling major cybersecurity consolidation push. Forecast cut to 3-4% growth and 5% stock drop reflect integration risk; signals CTO vendor evaluation pressure on ROI timeline and consolidation value.
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